PRESS RELEASE

Proximity expands UK edge data centre network

November 30, 2020

North West and Midlands sites add further 8MW capacity to UK’s fastest growing regional edge data centre network.

Oxford, UK – 30 November 2020: Proximity Data Centres Limited, the UK’s fastest growing regional edge colocation data centre provider today announced the immediate availability of three more high quality facilities. The new sites in Liverpool, Chester and Coventry add a further 8 megawatts (MW) of IT load capacity and more than 80,000 square feet of net technical space to the company’s growing UK network of strategically located internet edge data centres. 

These latest acquisitions join the company’s Wakefield, Nottingham and Bridgend locations, adding a further 21 employees who are predominantly in engineering and operational roles.      

Today’s announcement is in line with the company’s growth strategy which will expand Proximity’s UK network of regional edge data centres to 20 sites within the next 12 to 18 months. This will enable the company to offer UK-wide coverage with all its edge data centres selected for their proximity to major conurbation areas.     

“In these uncertain times we are especially pleased to have successfully completed our latest edge data centre acquisitions” said John Hall, Managing Director, Proximity Data Centres. “With the ongoing support of our funding partner, ICG Real Estate, we are locating high quality, high capacity, scalable and extremely resilient regional internet edge data centres within easy reach of enterprise businesses, cloud and content providers. Ensuring low latency connectivity will help them achieve maximum operational efficiency and deliver excellent customer service – essential for businesses in today’s hyperconnected Digital Economy.  

“Our customer pipeline is growing rapidly as organisations from many different sectors, including technology, government, gaming and industry, strive to increase and maintain their competitive edge. By bringing data closer to their users they gain the added benefits of fast connectivity and lower data transit costs compared to using centralised colocation facilities. At the same time, they can make considerable financial savings on colocation space, especially compared to LondonM25.”  

He added: “Proximity’s two new North West data centres will prove very attractive to public and private sector businesses in the region as they increasingly take advantage of the growing fibre infrastructure capacity around Greater Manchester and Merseyside. Having highly connected colocation data centres like ours on their doorstep will be a bonus.”  

Proximity Data Centres’ network of scalable edge facilities meets individual customer requirements, from specific regional data centre services through to multi-site rollouts. Built to tier 3 industry standards and ISO 9001 Quality, 14001 Environmental and 27001 Security compliant, all data centre grid electricity is sourced from 100% renewable providers. In addition, each data centre develops renewable energy solutions, including battery storage, solar and wind power wherever possible.   

Kevin Crowley, Head of Partnership Capital UK at ICG Real Estate said: “We are committed to ensuring Proximity Data Centres has access to the financial resources necessary to meet the growing demand for high quality edge data centre capacity in the UK. Supporting Proximity’s experienced management team in continuing to identify and acquire further quality sites in key regions is a top priority for ICG-Longbow.” 

About Proximity Data Centres

Proximity Data Centres operates a rapidly growing trusted network of regional carrier-neutral edge data centres across the UK. These allow clients to locate their data in local markets, close to the data end user. By choosing Proximity’s network of edge data centres enterprise, public cloud and content service provider organisations maximise competitive edge through reduced latency, enabling improved response times and reduced transit costs.  

The company is fully committed to providing energy efficient and sustainable facilities which are built to tier 3 industry standards and are ISO 9001, 14001 and 27001 compliant. Full on-site support, transition and onboarding is provided to customers. For maximum convenience, a straightforward customer contracting model is provided with a single set of SLAs covering one or multiple sites, as required. Scope of services is tailored to suit regional demand.    

About Intermediate Capital Group PLC

Intermediate Capital Group (ICG) is a global alternative asset manager with over 30 years’ history, managing 1€46.1bn of assets in private debt, credit and equity, principally in closed-end funds. Operating across four asset classes – corporate, capital market, real asset and secondary investments. 

ICG’s real estate division, is a specialist investment manager with over 2£4.3bn of assets under management. Providing debt and equity capital to UK and European commercial property and residential markets across its four strategies – Partnership Capital, Sale and Leaseback, Senior Debt and Development. 

ICG is listed on the London Stock Exchange (ticker symbol: ICP). Further details are available at: www.icgam.com

1,2 As at 30 September 2020  

Further information:

Proximity Data Centres 

T: +44 (0)3300 250 138 

info@proximitydatacentres.com 

Media enquiries: 

Nigel Parker

FULFIL COMMUNICATIONS

Tel: +44 (0) 7778 872 457

Email: nigelp@fulfilcom.com

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